The finance ministry has quietly initiated the process of opening up the income tax files of politicians belonging to all parties and tallying their income statements with the affidavits filed by them with the Election Commission during the 2009 parliamentary polls. Verification of the assets declared by the Lok Sabha candidates, many of whom have now become MPs and even ministers, will help the department to assess if they had...
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Hard Times by Ashok Mitra
Food prices have shot up by more than 20 per cent in the course of the past 12 months. A vast proportion of the nation is being battered by the price rise — the fixed income group, the working classes, landless peasantry and small farmers who have to buy at least a part of the grains they consume from the market. There is, however, no upheaval among the suffering people....
More »India wins slowdown battle; defeated by rising prices in ’09 by Chandra Shekhar and Rakesh Pathak
India achieved the distinction of being the second fastest growing economy amid the global recession in 2009, but the joy was marred by the decade’s sharpest rise in food prices to the chagrin of common man. For a country that continued to lose on its exports throughout the year that has gone by, economy achieved a remarkable growth of about 7% (during April- September 2009) on the back of focused government...
More »Full disclosure by Rajdeep Sardesai
We live in the age of institutionalised corruption. From politicians to judges, from senior bureaucrats to policemen, from corporate tycoons to petty officials, everyone it seems has a price. As journalists, our profession demands that we enquire, interrogate and expose corruption. So, when a Madhu Koda is jailed we rejoice that the law has caught up with a former chief minister. When allegations against a judge lead to impeachment, we...
More »Eventful year for Supreme Court J Venkatesan
Notwithstanding controversies, it passed several important judgments The year 2009 was eventful and memorable for the Supreme Court and Chief Justice of India K.G. Balakrishnan. The Court faced several controversies, the notable being the collegium’s decision to elevate Karnataka High Court Chief Justice P.D. Dinakaran as one of its judges. This controversy was preceded by a clean chit to Punjab and Haryana High Court Judge Nirmal Yadav in the Rs....
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